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Buy to Let Mortgages in Barnsley.

Buy to let mortgages are for landlords who want to buy a property and rent it out.

Just like regular mortgages, buy to let mortgages have their own set of rules and regulations. We will walk you through how they work and what mistakes people usually make when applying for a buy to let mortgage.

No Broker Fee

Pay no broker fee when you consult or get started with us.

Minimum Paperwork

We take care of the paperwork for you, with minimum work for yourself

Best Market Deal

We find you the best deal on the market to save you money

Can I get a buy to let mortgage in Barnsley?

For those looking to take out a buy to let mortgage under the following conditions:

  • You want to buy a property as an investment.
  • You can afford to take the risk of investing in property
  • You own your home already, whether you have an outstanding mortgage or not.
  • You have a good credit record and are not in dire need of cash, or desperate for more credit.
  • You shoud be earning 25k plus to have a chance of being approved for a buy to let mortgage
  • It is unlikely that you will be approved for a loan if you are over 70 years old
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Have Any Questions?

Contact our expert team for buy to let mortgage advice in Barnsley

How do buy to let Mortgages work?

If you are purchasing a property with the aim of renting it out, it is a different mortgage to a regular one. There are some key differences between them:

  • A buy to let mortgage usually has higher fees
  • Interest rates for landlords can be higher.
  • The minimum deposit for a buy to let mortgage is usually 25% of the property’s value. That said, it can vary between 20% – 40%.
  • Buy to let mortgages usually interest only, which means you pay the interest each month and not the capital amount. Although at the end of your mortgage term you will repay this original loan in full.

The same regulations apply to buy to let investments as with a regular residential mortgage

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How much can I lend?

The maximum you can borrow is linked to the income amount forecast from your rental property.

Lenders usually need the rental income to be 25–30% higher than their mortgage payment.

To figure out what renters might expect to spend on rent, try talking to professionals in the tenant market or find median pricing for houses in Barnsley

Our Services

Fast & Bespoke Mortgage Advice in Barnsley

We love helping all our customers, especially the ones who really need Mortgage Advice in Barnsley – it’s not just about finding a mortgage. It’s about the journey, we will assist you through the full process.

First Time Buyer

Buying your first home can be a little bit daunting, but we’re here to help with all the challenges of finding your perfect place.


Looking for a better mortgage deal? The process is often not as easy as it first appears.

Moving Home

Thinking of selling your existing property and moving to a new home? It’s important that you try and budget accurately. 


This can be one of the popular mortgage options available for those wishing to invest in residential & rental property.

Call us today!

To speak with a mortgage advisor, book your FREE mortgage appointment online or give us a call.

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Where to get a buy to let mortgage?

Most large banks and a few other institutions offer buy to let mortgages. A broker such as ourselves can provide you professional advice and expertise as to which lender to choose.

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Book your fee-free consultation today!

Frequently Asked Questions

A minimum deposit is required for purchasing a property in Barnsley. High street lenders typically require a 5% deposit. A higher deposit may be required if you have had credit problems in the past.

Yes, however, you must submit at least one year’s worth of accounts. To compute the maximum mortgage, most lenders in Barnsley use your salary and dividend, while others may use your net profit.

Second mortgages are possible. This includes debt consolidation and home improvements. A second mortgage can also be obtained on a second property, but only if it is for the owner’s personal use, a family member’s use, a holiday home or a rental property.

It will take about an hour for our free mortgage consultation in Barnsley. Upon completion of your consultation, we can arrange an agreement in principle for you in about 24 hours. A formal offer takes about three weeks.

You must provide three payslips to prove your income if you are an employee. You will need to supply the latest 2 years’ accounts if you are self-employed in Barnsley. Additionally, you must provide proof of identity, address, and three months of bank statements.

An agreement in principle typically lasts between 30 and 90 days, but it can vary based on your lender. It is quite simple to renew an agreement in principle if it expires.

You can do it, but it will be harder. By putting down a higher deposit, perhaps 10% or 15% of the purchase price, you can demonstrate that you can afford a mortgage.

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